DEC 11 2018
https://www.klgold.com/news-and-media/news-releases/press-release-details/2018/Kirkland-Lake-Gold-Increases-Quarterly-Dividend-Payment/default.aspx
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TORONTO, Dec. 11, 2018 (GLOBE NEWSWIRE) --
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL)
(NYSE:KL) (ASX:KLA) is pleased to announce an increase in the quarterly
dividend to CAD$0.04 per common share from CAD$0.03 per common share
previously.
The dividend increase will be effective with the fourth quarter 2018
dividend payment, to be paid on January 11, 2019 to shareholders of
record as of the close of business on December 31, 2018.
With the latest increase, the Company has now raised the quarterly
dividend three times since the adoption of its
dividend policy in March 2017.
The Company’s quarterly dividend qualifies as an “eligible dividend” for
Canadian income tax purposes.
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a mid-tier gold producer operating
in Canada and Australia that is on track to achieve significant
production growth over the next three years, including target
production of 740,000 – 800,000 ounces in 2019,
845,000 – 910,000 ounces in 2020 and
945,000 – 1,005,000 ounces in 2021.
The production profile of the Company is anchored by two high-grade,
low-cost operations, including the Macassa Mine located in
Northern Ontario and the Fosterville Mine located in the state of
Victoria, Australia.
Kirkland Lake Gold's solid base of quality assets is complemented by
district scale exploration potential, supported by a strong financial
position with extensive management and operational expertise.
Cautionary Note Regarding Forward-Looking Information---
For more information, please contact:
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@klgold.com
Mark Utting, Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@klgold.com
Website : http://www.klgold.com
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Source: Kirkland Lake Gold Ltd.
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